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$DOGE (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.08670 - 0.08705
Targets:
TP1: 0.08605
TP2: 0.08540
TP3: 0.08460
Stop Loss: 0.08755
Why this Setup:
I still see DOGE failing to hold above the local support area, and the recent push into resistance looks like a sell-the-rip setup. I want to short a retest of the 0.0867 to 0.0870 zone and look for continuation back toward the prior swing lows as momentum stays weak.